Doing my mother's return and she has received mortgage interest income on form 1098 from a mortgage she holds with a family member. I'm not finding anywhere in Turbotax Home and Business to enter it. Can someone point me in the right direction? Thanks much.
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Mortgage interest income is treated the same as any other interest income for tax purposes. Enter it under Personal Income, in the Interest on 1099-INT interview of Interest and Dividends.
(Form 1098 is used to report mortgage interest you paid, not received).
Mortgage interest income is treated the same as any other interest income for tax purposes. Enter it under Personal Income, in the Interest on 1099-INT interview of Interest and Dividends.
(Form 1098 is used to report mortgage interest you paid, not received).
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